ribelec
Bankruptcy closedInactive since 10-06-2026; last annual accounts for fiscal year 2023.
Summary
ribelec was declared bankrupt on 31-03-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 02-06-2026, published in the Belgian State Gazette on 16-06-2026.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19k
2022 · €-103k
2018: €12k
2019: €-8k
2020: €43k
2021: €-64k
2022: €-103k
2018 → 2023
Working capital
€-109k▲ 26.2%
2022 · €-148k
2018: €1k
2019: €-5k
2020: €-7k
2021: €-62k
2022: €-148k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€2k-€45k▲ 2,337%€-20k€-123k▼ 512%€-104k▲ 15.3%
Operating result€-7k-€56k€-62k€-105k▼ 68.1%€17k
Net result€-8k-€43k€-64k€-103k▼ 61.9%€19k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €17k after a loss of €105k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €221k
Fixed assets
€5k ▼ 81.0%
Current assets
€216k ▲ 25.4%
Key figures and ratios
EBITDA
€25k▲
2022 · €-88k
Cash flow
€27k▲
2022 · €-86k
Solvency
-47.3%▲
2022 · -62.6%
Current ratio
0.66▲
2022 · 0.54
Debt to equity
-3.11▼
2022 · -2.60
ROA
8.5%▲
2022 · -52.4%
Interest coverage
27.10▲
2022 · -96.99
Debt
€325k▲
2022 · €320k
Debt ≤ 1 year
€325k▲
2022 · €320k
Staff costs
€52k▼
2022 · €155k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet
Code20222023
Assets
Total assets20/58€197k€221k▲
Fixed assets21/28€24k€5k▼
Tangible fixed assets22/27€24k€5k▼
Plant, machinery and equipment23€3k-
Furniture and vehicles24€22k€5k▼
Financial fixed assets28€62€62=
Current assets29/58€172k€216k▲
Amounts receivable within one year40/41€170k€211k▲
Trade receivables40€122k€151k▲
Other amounts receivable41€48k€60k▲
Cash at bank and in hand54/58€801€5k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€197k€221k▲
Equity10/15€-123k€-104k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-131k€-112k▲
Amounts payable17/49€320k€325k▲
Amounts payable within one year42/48€320k€325k▲
Financial debts43€228-
Credit institutions430/8€228-
Trade debts44€234k€224k▼
Suppliers440/4€234k€224k▼
Taxes, remuneration and social security45€86k€101k▲
Taxes450/3€32k€40k▲
Remuneration and social security454/9€54k€60k▲
Income statement
Code20222023
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€155k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€8k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€70k€79k▲
Operating profit (loss)9901€-105k€17k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€904€911▲
Recurring financial charges65€904€911▲
Profit (loss) for the period before taxes9903€-103k€19k▲
Profit (loss) for the period9904€-103k€19k▲
Profit (loss) for the period to be appropriated9905€-103k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-131k€-112k▲
Profit (loss) brought forward from the previous period14P€-28k€-131k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL RIBELEC RUE DU CELERI 6/8, 1060 SAINT-GILLES. déclarée le 31 mars 2025 · event 02-06-2026
2025
07-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL RIBELEC RUE DU CELERI 6/8, 1060 SAINT-GILLES · event 31-03-2025
21-02
KBO administration
Address struck
14-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 198 days late
2024
20-11
Judicial reorganisation
Opening
ondernemingsrechtbank Brussel · collectif · event 21-06-2023
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Weakest financial yearnet €-103k
Net result drops to €-103k, the lowest in the series.
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 60 days late
2020
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
Show earlier events
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 65 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
402 m²
Building footprint
192 m²
Volume, LiDAR
1,528 m³
Parcel 21562A0142/00M000, Brussels · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0142/00M000 | Brussels | 402 m² | 1 · 192 m² | 16.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
31-03-2025 → 02-06-2026 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.